Most of us have a vague sense that huge, multibillion-dollar companies have, like, systems in place to prevent them from making the sort of idiot mistakes that we, normal people, make. Not necessarily true!
Gina Bianchini's abrupt March departure from Ning was a surprise; in two years she'd taken the social networking company to an "eye-popping" $750 million valuation from just $170 million. Did she do it honestly?
Yahoo CEO Jerry Yang's earned new respect all over the Valley for standing up to Microsoft and Steve Ballmer over the weekend. On Wall Street, major investors think enough is enough. Mutual fund house T. Rowe Price, which owns 18 million Yahoo shares, yesterday said it would be "very vocal" if Yahoo rejected any…
BusinessWeek columnist Sarah Lacy has more details on Slide's new funding round: Max Levchin's Web widget factory is now valued at $550 million, after raising funds from the likes of Fidelity Investments and T. Rowe Price. While the company is mum on IPO prospects, such big institutional investors typically come in…
